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20121228
20121228
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, sending prices sky high. who can forget superstorm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50- billion dollars, raising lots of questions about u-s infrastructure and whether we should be spending some money to fix it. number five-- china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 20-20, for sure by 20-30. china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear it's both a competitor and a partner. number four-- europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three-- the housing market finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods. but first-time buyers were also able to get a home of their own for the first time in years, as long as they had a hefty down payment. number two-- the ele
extra funding for superstorm sandy. they deal with working on the wireless surveillance from the bush era, reauthorizing that. the senate floor is active with a the lot of other things they have to get done. the house will come back on sunday and be in session on sunday. they were told to be prepared to go through january 2nd when their term ends. there are a lot of members who aren't coming back in january. there will be that transition. when you walk around here, mike, you have boxes in hallways, office chairs in the hallway. people are moving, so there are members who don't have an office anymore but here to vote to wait on whatever might happen. it's a time of transition. we were looking back. for a lame duck to be back between christmas and new year's, it hasn't happened since nixon was in office. sometimes they come back when it's not an end of term year, but that's a long time. it gives you an idea how unusual it is to spend the holidays right here at capitol hill. >> kelly o'donnell, thanks as always. we appreciate it. >> you bet. >> it's the chairs in the hallway of the depar
Search Results 0 to 1 of about 2